Morten Stig Jensen of Forbes posits that Chicago is being tactical with Giddey's contract. After getting burned by inking restricted free agent forward Patrick Williams to an instantly-regrettable five-year, $90 million deal just last summer, the Bulls are taking more of a measured approach to Giddey.

Even though restricted free agency has been a slow-moving process, Josh Giddey and the Chicago Bulls are reportedly making progress toward a new contract.

The Chicago Bulls are one of several teams in the hunt for players as they hope to build a stronger team. After falling out of the race last season, the Bulls want to change things around by bringing in some key pieces.